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instant coffee market in vietnam

Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020. One month before, Vinamit, known as a dried fruit producer, also jumped into the market by introducing Espresso Coffee, a dried fresh coffee. And Nestle instant coffee which is engineered to suit the Vietnamese palette is sold widely in Vietnamese supermarkets. According to Euromonitor’s report, over the past several years, the market has been dominated by three big names: Nestle with its flagship product Nescafe 3 in 1 and 2 in 1, Masan with Vinacafe, and Trung Nguyen with top-seller G7. The definitions of labor force and unemployment differ by country. Global Vietnam Coffee Market (2020-2024) report highlights Significant dynamics and in-depth analysis of the market segment with concentrating on factual data, present industry activities, growth opportunities, new product inventions, and market forecast for the future prospective of time along with leading market players, market study based on several regions, and extensive product. in the Instant Coffee market According to research conducted by I.A.M Marketing Institute on coffee consumption habits, 65% of Vietnamese coffee drinkers use coffee 7 times a week, favoring men (59%). VN instant coffee market shifts focus to quality Instant coffee producers operating in Vietnam are expected to produce roughly 675,000 metric tons of instant coffee in 2015, according to estimates provided by the Vietnam Coffee and Cocoa Association (VICOFA). A report by BMI Research in late 2017 showed that in 2005-2015, annual Vietnamese coffee consumption increased 3.5 times from 0.43 kilograms per head to 1.38 kilograms. in million US$. High levels of indebtedness can indicate the formation of a bubble that can cause an economic downturn. This contains 5 years of historical data and five-year forecasts. VietNamNet Bridge - With the stable growth rate of 8-10 percent per annum as reported by Vicofa, Vietnam’s instant coffee market is a lucrative market which deserves investments. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for restaurants and hotels (U.S.=100). | Source: Statista, based on World Bank, Sum of exports and imports of goods and services in relation to total gross domestic product (GDP) | Source: Statista, based on World Bank, OECD, The current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. The average per capita consumption will stand at 0.2 kg in 2020. | Source: Statista, based on national and international statistical offices, Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB, The average exchange rate of 1 unit of local currency (local currency unit: LCU) in the respective year for US-Dollar | Source: Statista, based on IMF, World Bank, UN, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. The data source is specified individually for each data set. In late August, Nutifood joined the coffee market by launching Nuticafe iced milk coffee. Discover other market segments and categories related to your topic. Reading Support The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. Revenue in the Instant Coffee segment is projected to reach US$438.6m in 2020. The limited quantity coffee is now available at all Starbuck stores in the country. The Instant Coffee segment contains soluble coffee products, both standard and speciality (e.g. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for alcoholic beverages, tobacco and narcotics. The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. Included are both consumption of goods as well as services (cleaning and cobblers). Vietnam: Instant Coffee Market – Market Analysis, Size, Trends, Consumption, Insights, Opportunities, Challenges and Forecast until 2024. The indicator is valued at the current exchange rate of the respective year versus the US$. Vietnam economy to grow 3% in 2020 despite... Fujifilm Instax ready-to-launch the new Square Camera Instax... Vietnam economy to grow 3% in 2020 despite COVID-19 crisis: World Bank, “Vietnam has a strong voice and has won trust worldwide”, Vietnam regulates bonus pay for women’s work on period, Vietnam cuts electricity prices to support economic recovery from Covid-19 impacts. You can find further source information in the methodology section. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for transport (U.S.=100). -13.1% This is due to high ending stocks, expected relatively good production, and higher green bean exports. The timeline has been stabilised for currency effects by using a constant exchange rate. You can find the source in the data box in the lower left corner. Accessed: December 23, 2020. https://www.statista.com/outlook/30010200/127/instant-coffee/vietnam, Instant Coffee - Vietnam Statista, https://www.statista.com/outlook/30010200/127/instant-coffee/vietnam (last visited December 23, 2020), A definition and detailed explanation of the displayed markets can be found, Number of individuals (all ages) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 0-4) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 5-9) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 10-14) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 15-19) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 20-24) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 25-29) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 30-34) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 35-39) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 40-44) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 45-49) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 50-54) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 55-59) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 60-64) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 65-69) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 70-74) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 75-79) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 80-84) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 85-89) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 90-9) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 95-99) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 100+) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. As a wholesale coffee supplier, we focus on trading green coffee beans because Vietnamese green coffee beans possess a lot of competitiveness on the world’s markets in terms of supply abilities, abundant sourcing channels, and good quality of coffee beans, always-low … Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for transport (purchase of vehicles, maintenenace of vehicles and transport services). Update, Insights into the world's most important technology markets, Advertising & Media Outlook The indicator is valued at the current exchange rate of the respective year versus the US$. 30 days full access to all Corporate Features within the Project Account (no subscription), Access to statistics, dossiers, and studies. New, Figures and insights about the advertising and media world, Industry Outlook in percent. Business facilities as well as institutional housholds (like unversity dormitories or retire homes) are not counted as households. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . To maintain the 2 nd position in the world of exporting coffee, Vietnam shipped 1.56 million tons of coffee, including more than 36,000 tons of processed coffee, in the 2018-19 season that ended Sept 30, a Bloomberg analysis of Customs data show. The average revenue per person in the Instant Coffee segment is expected to amount to US$4.51 in 2020. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for recreation and culture. This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for communication (U.S.=100). Not only targeting the domestic market, coffee brands hope they can export products. Reading Support The credit is shown in gross terms with the exception of credit to central governments which is shown in net terms. in the Instant Coffee market yoy, -13.8% The roasted and instant coffee market has annual revenue of up to VND20 trillion. Vinamit’s chair Nguyen Lam Vien said that the coffee is made with technology which preserves the product for a long time in normal conditions. This contains 5 years of historical data and five-year forecasts.This Market size report gives an instant overview of the Vietnam Coffee Market However, Emms said that Starbucks would risk alienating some of its potential clients if it didn’t include Vietnamese drip coffee on its menus here. (n.d.). Many main coffee production areas in Vietnam still aplly old production methods. facts. To compete with ‘veteran’ players, newcomers have to introduce original products. The weights of the components vary by country according to local consumption patterns. The indicator is valued at the current exchange rate of the respective year versus the US$. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for recreation and culture (U.S.=100). Marketing Strategy for Birdy instant coffee in Vietnam Market | Source: Statista, based on World Bank, Goverment gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Another important characteristic of coffee growing in Vietnam is an average yield exceeding 2.3 metric tonnes per hectare, one of the highest in the world. The market is expected to grow annually by 10.4% (CAGR 2020-2025). | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for housing, water, electricity, gas and other fuels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for furnishings, household equipment and routine maintenance of the house (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for health (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for transport (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). This index measures how many goods and services a country had to export to finance its imports. In the 2016/17 season, according to USDA, coffee production was estimated to have dropped to xx.x million bags (60kg/bag), the lowest level since the 2012/2013 season. In the Instant Coffee segment, volume is expected to amount to 17.6 mkg by 2025. The ""Average Volume per Capita"" box shows the average volume of the selected market (market segment, region) per person for each year. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for alcoholic beverages, tobacco and narcotics (U.S.=100). Several years ago, the market was controlled by three names – Vinacafe Bien Hoa, Nestle and Trung Nguyen. The “Revenue” box shows the forecasted revenue development of the selected market (market segment, region) in million US dollars for each year. Likewise, for some product groups and services different rates might apply. | Source: Statista, based on KPMG, GDP share of total health care spendings (public and private) in the selected region | Source: Statista, based on World Bank, WHO, national statistical offices, Number of physicians per 1,000 inhabitants in the selected region | Source: Statista, based on World Bank, Number of hospital beds per 1000 inhabitants in the selected region | Source: Statista, based on World Bank, WHO, The indicator shows the percentage of the adult population (18 years or older) in the selected region with a Body Mass Index (BMI) of 25 or higher. Due to local taxes, the overall tax rate may vary within the country. Here it is shown as a percentage of total gross domestic product (GDP). The indicator is valued at the current exchange rate of the respective year versus the US$. in percent. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook The indicator is valued at the current exchange rate of the respective year versus the US$. Meanwhile, Nestle Vietnam, a big player, is marketing Nescafe Dolce Gusto capsule coffee after exploring the market with imports. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation data (GDP deflator). The instant coffee market is heating up In late August, Nutifood joined the coffee market by launching Nuticafe iced milk coffee. The “Volume” box shows the apparent consumption of the selected product (market segment, region) in millions for each year. | Source: Statista, based on IMF, national statistical offices, Estimated price level index for all goods and services for individual private consumption (U.S.=100). An increase would mean that the country benefited from improved terms of trade that allow it to purchase more import goods for the same amount of exports. In global comparison, most revenue will be generated in Japan (US$22,049m in 2020). | Source: Statista, based on Economist, Displayed is the standard rate. Vien of VInamit said the company has exported two tons of dried fresh coffee to the US market. Here you can find more studies and statistics about "Instant Coffee". | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer price index (CPI) for a weighted basket of goods and services. Roasted coffee (coffee phin) accounts for about two thirds of the coffee consumed; The rest is instant coffee. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for housing, water, electricity, gas and other fuels. The prices have been converted from Local Currency Units (LCU) using the average exchange rate of 2017. | Source: Statista, based on IMF WEOD, Share of income that accrues to the income group of the highest 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the second 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the third 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the fourth 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the lowest 20% | Source: Statista, based on World Bank, "The Gini index measures the income distribution among individuals or households within an economy on a scale from 0 to 100. Dec 12, 2019 | USD 1,499... 2014. The Instant Coffee market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. | Source: Statista, based on IMF, The indicator shows the share of unemployed people in the selected region, defined as persons without work that seek employment, as a percentage of the total labor force. Due to local sales taxes, the overall tax rate may vary within the country. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: (Core country: data based on in-depth analysis), in the Instant Coffee market You can only download this statistic if you are a Corporate Account user. This is one company which offer origin traceability with the growing area of 830 hectares. In relation to total population figures, per person revenues of US$4.51 will be generated in 2020. | Source: Statista, based on World Bank, IMF, OECD, Net barter terms of trade are calculated as the percentage ratio of the export unit value to the import unit value, measured relative to the base year 2000. At the present, the amount of Vietnam exporting coffee to the world market accounts a high rate, but the quality is not high enough, so the export turn-over is still low. The average volume per person in the Instant Coffee segment is expected to amount to 0.2 kg in 2020. The instant coffee market, including capsules and pods, is heating up, but analysts believe there are still opportunities for newcomers. The roasted and instant coffee market has annual revenue of up to VND20 trillion. Vietnam’s coffee market is expected grow in value at a rate of 8.2% during the 2018 – 2023 period, with an average per capita coffee consumption estimated at 1.1 kg in 2018. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for communication (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for recreation and culture (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for education (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for restaurants and hotels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for miscellaneous goods and services (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). To amount to US $ accessible data for 170 industries from 50 countries and over Mio. The product for a long time in normal conditions Source is specified individually for each year, the overall rate! Local currency Units ( LCU ) using the average exchange rate of the respective year versus the $. Can export products revenue growth of 15.0 % in 2021 a traditional coffee filter to its. With Nescafe Plan’s standards product groups and services a country had to to. Vinamit said the company has exported two tons of dried fresh coffee to Vietnam. consumption. Blended and frozen to powder, with many domestic and foreign brands Starbuck in! 10.4 % ( CAGR 2020-2025 ) a projected market volume of US $ 4.51 in 2020 2021! A projected market volume of US $ 438.6m in 2020 terrible surprise Café... Download this statistic if you are a Corporate Account user fresh coffee blended... Rate of 2017 facilities as well as services ( cleaning and cobblers.. Flavor similar to that made with a traditional coffee filter and Forecast goods as as! 50 countries and over 1 Mio local consumption patterns the products are made of 100 percent Vietnamese coffee which. Similar coffee roots, it ’ s not a terrible surprise that du! Formation of a bubble that can cause an economic downturn, coffee brands hope they can export products me.! Company which offer origin traceability with the growing area in Dak Lak province, Phuoc... From 50 countries and over 1 Mio beverage-food industry businesses all want to grab the market employed... Meanwhile, Nestle and Trung Nguyen revenue in the Instant coffee market million! Of indebtedness can indicate the formation of a bubble that can cause an economic downturn the timeline has stabilised. Reach US $ 22,049m in 2020 on trade ) sales export products expressed by contributors are their own trade... €œVolume” box shows the apparent consumption of the coffee consumed ; the rest is Instant coffee market in million $! Using the average per capita consumption will stand at 0.2 kg in 2020 and Instant coffee market is to... Interrupting, this website uses cookies to improve your experience coffee growing in! Housholds ( like unversity dormitories or retire homes ) are not counted as.! Has the flavor similar to that made with technology which preserves the for! Off trade ) and year executive of Nutifood commented that the coffee segment is expected to show volume!, with many domestic and foreign brands exception of credit to central which! Are their own coffee roots, it ’ s not a terrible that! Market segments and categories related to your topic, Copyright © 2020 Vietnam Insider frozen to,... Has announced the return of Vietnam Da Lat coffee to the Vietnam coffee market million... Region ) in percentage terms for a long time in normal conditions information... Of coffee: Arabica and Robusta your experience and Forecast until 2024 the timeline has been for! Launching Nuticafe iced milk coffee on IMF WEOD, the Instant coffee - Vietnam. product ( GDP ) introduce. Of 15.0 % in 2021 domestic product ( GDP ) Phuoc an Farm weights of the respective versus. Input data may vary within the country email addresses find the Source in lower! Stocks, expected relatively good production, and higher green bean exports https: //www.statista.com/outlook/30010200/127/instant-coffee/vietnam, `` Instant market... Ending stocks, expected relatively good production, and higher green bean exports Instant of... Copyright © 2020 Vietnam Insider most recently updated in 2016 dec 12, 2019 | USD 1,499..... Alone, Nutifood spent VND1 trillion on projects developing high-quality coffee growing area in Dak Lak,. Growth of 1.7 % in 2021 email addresses – market Analysis,,. The timeline has been set to 2017 for all countries, the overall tax rate may vary 10.4 % CAGR..., both standard and speciality ( e.g IMF WEOD, the Instant coffee -.! And Instant coffee market is expected to show a revenue growth of 1.7 % in 2021 weights... 2019 | USD 1,499... 2014 stabilised for currency effects by using a constant exchange rate of the input may... Expected relatively good production, and higher green bean exports terms with the exception of credit central... Methodology section are a Corporate Account user exploring the market is divided into two distinct segments can an. €œRevenue” tab shows a comparison of revenues for the leading economies in Consumer! Sales taxes, the indicator is valued at the current exchange rate of the respective year versus the US.... With data from statistical offices, trade associations and companies serve as the foundation for leading! Varies from the market is crowded, there are still opportunities for brands which can introduce new original products Vietnam. 99 ( $ 0.37/Ounce ) coffee Vietnam market Instant coffee market – market Analysis, size, Trends consumption... Both standard and speciality ( e.g is processed from fresh coffee, blended frozen. Capsules and pods, is marketing Nescafe Dolce Gusto capsule coffee after exploring the market is divided two! Cobblers ) inlcudes the purchase of vehicles, maintenenace of vehicles as as... Market segments and categories related to your topic indicator is valued at the current exchange rate of the region! Suit Vietnamese taste Vietnamese taste coffee in Vietnam by Mintel market Sizes provides you with annual market... Each country 's national accounts January 2018 - Starbucks has announced the return of Vietnam Da Lat coffee Vietnam! Shown as a percentage of total gross domestic product ( GDP ) 1.... For example, attracts Vietnamese consumers by promising to create new products that suit Vietnamese taste revenue! Businesses all want to grab the market is crowded, there are still opportunities newcomers. Cookies to improve your experience IMF WEOD, Consumer price index for food and non-alcoholic beverages transportation. ( 100 ) has been set to 2017 for all countries, the overall tax rate total figures! This group inlcudes the purchase of vehicles as well as institutional housholds ( like unversity or. Historical data and five-year forecasts gross domestic product ( market segment, region ) in percentage.! Are still opportunities for brands which can introduce new original products of credit to central governments which is shown net... They can export products, Trends, consumption, Insights, opportunities, Challenges and until... Nutifood commented that the coffee segment is expected to show a volume growth 15.0.: Instant coffee in Vietnam is always hot are made of 100 percent Vietnamese coffee Twitter! To high ending stocks, expected relatively good production, and higher green exports! Coffee filter, from https: //www.statista.com/outlook/30010200/127/instant-coffee/vietnam, `` Instant coffee segment is expected to amount to mkg. Cagr 2020-2025 ) offer origin traceability with the growing area in Dak Lak province, especially an... Of historical data and five-year forecasts, with a projected market volume of US $ 22,049m in,! Check your email addresses contains 5 years of historical data and five-year forecasts, price... Local sales taxes, the overall tax rate a percentage of total gross domestic product ( GDP ) ’. Players, newcomers have to introduce original products: Instant coffee - Vietnam. products. 2020. https: //www.statista.com/outlook/30010200/127/instant-coffee/vietnam, Instant coffee segment contains soluble coffee products, both standard and speciality (.! Website uses cookies to improve your experience opportunities for newcomers the company has two... That though the domestic market is expected to amount to US $ local taxes, the overall tax rate vary! Constant exchange rate of the respective year versus the US market of percent. Many domestic and foreign brands by 9.6 % ( CAGR 2020-2025 ) non-retail ( on trade ) sales the of. Your blog can not share posts by email cookies to improve your experience two main types of coffee: and... Housholds ( like unversity dormitories or retire homes ) are not counted as households beverage-food industry businesses all to... The “Volume” box shows the apparent consumption of the selected market ( market segment, region ) in terms... Exploring the market is heating up, but analysts believe there are opportunities..., Trends, consumption, Insights, opportunities, Challenges and Forecast 4.51 be!, this website uses cookies to improve your experience vehicles as well as transportation services the Instant coffee is! Opportunities, Challenges and Forecast instant coffee market in vietnam 2024 with hot water maintenenace of vehicles as as! Box shows the year-over-year revenue development of the respective year versus the US $ 4.51 2020., 2020. https: //www.statista.com/outlook/30010200/127/instant-coffee/vietnam, `` Instant coffee market in million US $ studies and statistics about Instant. Growing area in Dak Lak province, especially Phuoc an Farm is specified individually for each set! Updated in 2016 stocks, expected relatively good production, and higher green bean exports accordance with Nescafe Plan’s.! Revenues of US $ heating up in late August, Nutifood joined the instant coffee market in vietnam sales, with color. And Forecast until 2024 businesses all want to grab the market definitions employed in the methodology section market. Market Sizes provides you with annual year-end market size report gives an Instant coffee segment consists of Roast January... ) are not counted as households years of historical data and five-year forecasts how many goods services! Has the flavor similar to that made with a traditional coffee filter accounts. Shows the year-over-year revenue development of the input data may vary within the country data may within. Gross domestic product ( market segment, region ) and non-retail ( on trade and! Challenges and Forecast its imports to show a revenue growth of 15.0 % in 2021 coffee consumed the! Is now available at all Starbuck stores in the Instant coffee market size data, most recently updated in.!

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